Gambling News - 'Business'
Business
May 28, 2025
SharpLink Gaming Secures $425M in PIPE Deal to Fuel Crypto Investment
SharpLink Gaming, Inc. has embarked on another milestone financial deal, announcing a private investment in public equity (PIPE) that should bring in gross proceeds of approximately $425 million. This financial move involves the sale of over 69 million shares of common stock, priced at $6.15 per share. The company intends to use these proceeds to […]
Business
May 28, 2025
LiveScore Group Begins Four-Day Work Week Trial
Gambling industry leader LiveScore Group has initiated its 12-month pilot of a four-day working week for its London employees, remaining true to its innovative and people-focused mindset. The experiment, launched on Monday, reflects shifting attitudes toward work-life balance, especially in the media and tech sectors. With other trials reporting positive results, LiveScore Group hopes to […]
Legal
May 27, 2025
Aviator LLC Secures Landmark Legal Win in Trademark Dispute
In a significant court win for intellectual property enforcement in the gaming industry, the Supreme Court of Georgia has rejected an appeal by rival game developer SPRIBE and upheld Aviator LLC’s right to sole ownership of the “Aviator” trademark name and airplane logo in its home country. This ruling follows an earlier settlement between Aviator […]
Business
May 27, 2025
Crown Perth Ushers in New Era with Leadership Overhaul
Crown Perth has started a new chapter in its continuing transformation with the appointment of Brian Pereira as chief executive officer, along with the appointment of ex-Western Australian Treasurer Ben Wyatt as chair-elect of the board. The leadership shake-up announced on Monday continues Crown Resorts’ ongoing efforts to reinvent itself as a transformed and forward-looking […]
Business
May 27, 2025
Sega Sammy Completes Its Acquisition of GAN
GAN Limited, a leading B2B provider of solutions to the iGaming industry confirmed that its merger with Sega Sammy, a Japanese global holding company, has been completed. This is consistent with Sega Sammy’s earlier announcement, which said that the deal would close on May 27. GAN Joins the Sega Sammy Family As outlined in Sega […]
Business
May 27, 2025
Scientific Games Becomes the UAE’s Latest Licensed Supplier
Scientific Games, a leading provider of innovative, secure, and purpose-driven iLottery products, announced that it has become the latest gaming supplier to secure a license in the United Arab Emirates’ budding gaming market. GCGRA Gives the Green Light to Scientific Games In its official announcement, Scientific Games confirmed that it has secured a Gaming-Related Vendor’s […]
Business
May 27, 2025
BetMGM to Foray into Missouri Via Century Casinos Partnership
Century Casinos, a Colorado-based casino entertainment company, announced that it has formed a new partnership with the leading sports betting operator BetMGM. Under this agreement, BetMGM will be able to operate online sports betting in Missouri. BetMGM Secures Missouri Entry In its official release, Century Casinos announced that it has penned a new partnership arrangement […]
Business
May 27, 2025
The Star Entertainment Encourages Shareholders to Approve Bally’s Proposal
As The Star Entertainment Group’s next General Meeting approaches, the company asked its shareholders to consider Bally’s Corporation’s proposed takeover. The company leadership encouraged investors to greenlight the deal, highlighting that no better opportunity exists at the moment. The Star Shareholders to Vote on Bally’s Proposal In an ASX release published yesterday, The Star Entertainment […]
Industry
May 23, 2025
Skywind Seeks to Reverse $69M In Touch Games Deal Amid Fraud Allegations
Skywind is attempting to reverse its £51 million (around $69 million) acquisition of In Touch Games (ITG) due to issues surrounding a so-called “Super-User Code” and claims of regulatory misrepresentation. Skywind Submits New Fraud Claims Regarding In Touch Games Acquisition In a revised particulars of claim dated 9 May 2025, Skywind asserts that a modification […]
Business
May 23, 2025
Codere Online Asks Nasdaq to Stay the Suspension of Its Stock
Codere Online confirmed its intention to challenge The Nasdaq Stock Market’s delisting threat. To that end, the company requested a hearing and a further say of suspension of trading. Codere’s 2024 Report Was Delayed Consistent with a prediction Codere Online made in its Q1 report, the company received a staff determination letter from the Nasdaq […]